Marshall Plan

Marshall Plan News

At their White House meeting last week, U.S. President Barack Obama assured Greek Prime Minister Antonis Samaras of his support as Greece prepares for talks with creditors on additional debt relief amid record-high unemployment.

Nouriel Roubini , the economist who predicted the global financial crisis, said a new Marshall Plan- style fund should be set up for North Africa and the Middle East to stabilize regional economies, according to an article he wrote in Handelsblatt .

Europe needs a new Marshall Plan to help economic “reconstruction” in debt-crisis battered states just as the original plan helped rebuild the continent after World War II, German Social Democrat leader Sigmar Gabriel said.